Learning Objectives

Fill in the blank: Perhaps the most common technology staple used in businesses today is the ______.

• computer

• printer

• fax machine

• typewriter

What are the three types of factors impacted by technology?

• Social, Economic, Environmental

• Political, Cultural, Technological

• Legal, Ethical, Aesthetic

• Historical, Geographical, Biological

Technology impacts products by:

• Improving efficiency and functionality

• Decreasing production costs

• Enhancing user experience

• All of the above

In what ways does technology affect communications?

• Technology enhances communication by making it faster and more efficient.

• Technology hinders communication by creating more barriers.

• Technology has no effect on communication.

• Technology only affects communication in negative ways.

Explain how advanced technologies like AI and ML have impacted research.

• AI and ML have automated data analysis, leading to faster research outcomes.

• AI and ML have made research more expensive and time-consuming.

• AI and ML have no significant impact on research.

• AI and ML have only impacted research in the field of medicine.

Cloud computing and collaborative tools enhance collaboration among researchers by:

• providing shared access to resources and data

• limiting communication to emails only

• restricting data sharing among teams

• increasing the cost of research

Automation and digital tools have contributed to cost reduction in R&D by:

• increasing manual labor

• enhancing efficiency and reducing errors

• increasing the time required for research

• complicating the research process

Big data analytics improves decision-making in businesses by:

• Providing real-time insights and trends

• Increasing data storage costs

• Complicating data management processes

• Reducing the need for skilled analysts

Discuss the role of 3D printing and the Internet of Things (IoT) in product development.

• 3D printing and IoT are unrelated to product development.

• 3D printing and IoT play a crucial role in product development by enabling rapid prototyping and smart manufacturing.

• 3D printing is important, but IoT has no role in product development.

• IoT is important, but 3D printing has no role in product development.

Explain how personalization impacts customer experience. Personalization: Advanced data analytics and AI allow businesses to tailor experiences to individual customer preferences.

• Personalization enhances customer experience by tailoring services to individual preferences using advanced data analytics and AI.

• Personalization has no impact on customer experience.

• Personalization negatively impacts customer experience by ignoring individual preferences.

• Personalization is unrelated to data analytics and AI.